American Homes 4 Rent (NYSE:AMH) Given Consensus Recommendation of “Moderate Buy” by Brokerages

American Homes 4 Rent (NYSE:AMHGet Free Report) has been given an average rating of “Moderate Buy” by the twenty ratings firms that are currently covering the stock, MarketBeat reports. Eight research analysts have rated the stock with a hold recommendation, eleven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $36.8333.

AMH has been the subject of a number of analyst reports. Keefe, Bruyette & Woods boosted their target price on shares of American Homes 4 Rent from $36.00 to $38.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. JPMorgan Chase & Co. lifted their price target on American Homes 4 Rent from $35.00 to $38.00 and gave the company a “neutral” rating in a report on Wednesday, August 19th. UBS Group boosted their price objective on American Homes 4 Rent from $32.00 to $35.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 8th. BMO Capital Markets raised American Homes 4 Rent from a “market perform” rating to an “outperform” rating and set a $39.00 price objective for the company in a report on Friday, June 26th. Finally, Scotiabank raised their target price on American Homes 4 Rent from $32.00 to $33.00 and gave the company a “sector perform” rating in a research report on Thursday, June 18th.

Read Our Latest Stock Analysis on American Homes 4 Rent

American Homes 4 Rent Stock Performance

AMH stock opened at $31.55 on Friday. American Homes 4 Rent has a 1 year low of $27.22 and a 1 year high of $35.07. The stock has a market capitalization of $11.38 billion, a price-to-earnings ratio of 25.04, a PEG ratio of 5.75 and a beta of 0.79. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.59 and a current ratio of 0.59. The stock’s fifty day moving average is $33.67 and its two-hundred day moving average is $31.82.

American Homes 4 Rent (NYSE:AMHGet Free Report) last released its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.31 EPS for the quarter, topping the consensus estimate of $0.18 by $0.13. American Homes 4 Rent had a net margin of 25.53% and a return on equity of 6.25%. The business had revenue of $470.10 million during the quarter, compared to analyst estimates of $466.51 million. During the same quarter in the prior year, the firm earned $0.47 earnings per share. The company’s quarterly revenue was up 2.8% on a year-over-year basis. American Homes 4 Rent has set its FY 2026 guidance at 1.930-1.970 EPS. On average, research analysts predict that American Homes 4 Rent will post 1.91 EPS for the current year.

American Homes 4 Rent Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a $0.33 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.32 annualized dividend and a dividend yield of 4.2%. American Homes 4 Rent’s dividend payout ratio is presently 104.76%.

Insider Activity

In other American Homes 4 Rent news, Director Jack Corrigan purchased 6,000 shares of the stock in a transaction dated Monday, August 24th. The shares were bought at an average cost of $22.42 per share, with a total value of $134,520.00. Following the completion of the acquisition, the director owned 22,000 shares of the company’s stock, valued at approximately $493,240. This trade represents a 37.50% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 5.70% of the company’s stock.

Institutional Investors Weigh In On American Homes 4 Rent

Several institutional investors have recently bought and sold shares of AMH. Commonwealth Equity Services LLC boosted its holdings in shares of American Homes 4 Rent by 3.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 10,797 shares of the real estate investment trust’s stock valued at $347,000 after acquiring an additional 321 shares in the last quarter. Vanderbilt University raised its holdings in American Homes 4 Rent by 1.5% during the first quarter. Vanderbilt University now owns 23,385 shares of the real estate investment trust’s stock worth $653,000 after purchasing an additional 346 shares in the last quarter. OMERS ADMINISTRATION Corp raised its holdings in American Homes 4 Rent by 3.6% during the first quarter. OMERS ADMINISTRATION Corp now owns 12,112 shares of the real estate investment trust’s stock worth $338,000 after purchasing an additional 424 shares in the last quarter. Assetmark Inc. lifted its position in American Homes 4 Rent by 7.2% in the first quarter. Assetmark Inc. now owns 6,427 shares of the real estate investment trust’s stock worth $179,000 after purchasing an additional 431 shares during the period. Finally, IFP Advisors Inc lifted its position in American Homes 4 Rent by 122.2% in the fourth quarter. IFP Advisors Inc now owns 802 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 441 shares during the period. Institutional investors and hedge funds own 91.87% of the company’s stock.

American Homes 4 Rent Company Profile

(Get Free Report)

American Homes 4 Rent (NYSE:AMH) is a real estate investment trust focused on owning, developing and operating single-family rental homes. The company leases homes to residents and manages the properties through a combination of in-house operations and technology-enabled services.

AMH’s activities include acquiring and developing homes, renovating properties, providing leasing and resident services, and maintaining its rental portfolio. Its homes are generally located in planned communities and other suburban markets designed to appeal to households seeking single-family living without homeownership.

Founded in 2012, American Homes 4 Rent serves communities across several U.S.

Further Reading

Analyst Recommendations for American Homes 4 Rent (NYSE:AMH)

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